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Builder Hardware Market Research Report - Global
Forecast till 2024
www.marketresearchfuture.com
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Market Overview The Global Builder Hardware
Market is Expected to Expand at 4.88 CAGR during
the forecast period.   The global builder
hardware market is expected to witness
substantial growth during the forecast period.
Asia-Pacific is estimated to be a prominent
region in the builder hardware market due to the
rapid pace of the industrialization and
urbanization in emerging economies, such as
China, India, and Japan. Furthermore, activities
such as refurbishing and renovation of old
buildings have increased investments in the
infrastructure and construction industries,
fuelling the builder hardware market during the
forecast period. In 2018, North America held the
second largest market share in the builder
hardware market. The region has witnessed
significant growth in the construction industry,
owing to the increase in real estate investments.
Such factors are collectively driving the builder
hardware market in this region. Get Free Sample
Report https//www.marketresearchfuture.com/sampl
e_request/7996
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Regional Analysis North America, Asia Pacific,
the Middle East Africa, South America and
Europe are the prime markets for builder
hardware. During the forecast period, APAC can be
the most profitable market for builder hardware.
The market in the region banks upon the improving
financial conditions that have resulted in
expansion of the construction industry. The
rising industrialization, as well as urbanization
in emerging countries like India, China and
Japan, also inspire growth of the builder
hardware market. Activities like the refurbishing
and renovation of old buildings have boosted
investments in the construction and
infrastructure industries, benefitting the
regional market in the process. North America is
another significant market for builder hardware,
on account of considerable investments in real
estate. With the overpopulated business hubs in
the region, there has been a surge in the
construction of commercial buildings, including
offices and commercial complexes.  Browse
Complete Report Details https//www.marketresearc
hfuture.com/reports/builder-hardware-market-7996
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Segmental Analysis Depending on the type, the
builder hardware market can be considered for
cabinet hardware, doors, hardware, windows
hardware, plumbing hardware, and others. The
cabinet hardware segment is expected to lead the
market during the forecast period and it was
worth USD 13,630.2 million in 2018. The segmental
valuation could reach USD 18,486.4 Million by
2024. On the other hand, the metal segment could
note significant growth and is poised to achieve
a CAGR of 5.22 during the forecast period.
Cabinet hardware contains components, which are
used for making cabinets, such as pulls, hinges,
fasteners, and knob. The surge in construction
activities could help boost the demand for
cabinet products in the following years. In terms
of application, the builder hardware market
casters to residential and non-residential. The
residential segment's growth is expected to be
maximum in the years ahead, thanks to the
expanding population and rapidly increasing
urbanization. In 2018, the residential segment
share in the market was maximum and stood at the
valuation of USD 23,288.9 million. Its valuation
can touch USD 31,234.5 Million by 2024, and the
segment could record the fastest CAGR of 5.03
during the appraisal period.
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Competitive Analysis The key players of global
builder hardware market are ASSA ABLOY (Sweden),
Allegion plc (Ireland), Masco Corporation (US),
dormakaba Group (Switzerland), Tyman plc (US),
Roto (Germany), Siegenia (Germany), GUANGDONG KIN
LONG HARDWARE PRODUCTS CO., LTD (China), and
Sobinco (Belgium). Regional Analysis
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